CURRENCIES: Dollar Falls Against Yen As Risk Sentiment Weakens

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Hiroyuki Kachi The dollar fell against the yen in Asia trade Thursday, as fears over the global economy pushed down stock markets and prompted an adjustment of the greenback following the rapid gains of recent days. The dollar (USDJPY) ...

Australia Trade Deficit Narrows in August

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By James Glynn SYDNEY--Australia's trade deficit narrowed sharply in August to the smallest since April, government figures Thursday showed. The country posted a seasonally adjusted trade deficit of A$787 million in August, compared with a deficit of A$1.08 billion in ...

Argentina Central Bank Governor Resigns

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

BUENOS AIRES--Argentine President Cristina Kirchner replaced the head of the central bank Wednesday, marking the second overhaul of her economic team in less than a year. Mrs. Kirchner named her top securities and exchange regulator, Alejandro Vanoli, as central bank ...

Australia Trade Deficit Narrows in August

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

SYDNEY--Australia's trade deficit narrowed sharply in August to the smallest since April, government figures Thursday showed. The country posted a seasonally adjusted trade deficit of A$787 million in August, compared with a deficit of A$1.08 billion in July, the Australian ...

Australian Government Redraws Welfare Plan

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Rebecca Thurlow SYDNEY--Australia's conservative government repackaged a raft of proposed cuts to welfare spending to help steer the controversial measures through a hostile Senate. The welfare cuts are part of a plan--alongside tax increases--to quickly reduce the country's budget ...

Areva to Supply Nuclear Fuel for EDF's French Reactors in 2015-2021

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Inti Landauro PARIS--French nuclear engineering firm Areva SA (AREVA.FR) said Thursday it has agreed to supply nuclear fuel for French reactors to state-owned power utility Electricite de France SA (EDF.FR) between 2015 and 2021. "The agreement guarantees the delivery ...

Argentina Central Bank Governor Juan Carlos Fabrega Resigns

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Ken Parks BUENOS AIRES--Argentine President Cristina Kirchner replaced the head of the central bank Wednesday, marking the second overhaul of her economic team in less than a year. Mrs. Kirchner named her top securities and exchange regulator, Alejandro Vanoli, ...

Thai Consumers Less Confident

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Nopparat Chaichalearmmongkol BANGKOK - Thailand's consumer sentiment weakened in September after several key indicators showed the economy has yet to make a marked recovery, according to a monthly report by the University of Thai Chamber of Commerce. The September ...

Australian Home-Building Approvals Rise

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

SYDNEY--The number of Australian home-building permits issued rose in August by 3% from July, government data showed Thursday, in the strongest month-to-month gain since May. Building approvals climbed 14.5% from a year earlier, the Australian Bureau of Statistics said. Permits ...

Dollar Falls Against Yen as Risk Sentiment Weakens

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Hiroyuki Kachi The dollar fell against the yen in Asia trade Thursday, as fears over the global economy pushed down stock markets and prompted an adjustment of the greenback following the rapid gains of recent days. As of 0450 ...

Firms See 1.5% Inflation in a Year, BOJ Survey

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

TOKYO--Expectations among Japanese firms for price rises barely changed in the three months to September, a Bank of Japan survey showed Thursday, highlighting doubts over the central bank's promise to achieve its 2% inflation target by around next year. About ...

Oil Subdued, Brent Crude Hovers Around $94/bbl

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Eric Yep Crude-oil futures remained subdued in Asian hours Thursday after dropping for two consecutive trading sessions and settling at their lowest level this year. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November ...

Australian Home-Building Approvals Rise Most Since May

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By James Glynn SYDNEY--The number of Australian home-building permits issued rose in August by 3% from July, government data showed Thursday, in the strongest month-to-month gain since May. Building approvals climbed 14.5% from a year earlier, the Australian Bureau of ...

ISM Manufacturing Index Slips From Previous Month

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

By Kathleen Madigan The U.S. factory sector's expansion slowed a bit in September from its breakneck pace in August, with manufacturers focused on boosting output with only modest hiring. The Institute for Supply Management said Wednesday its manufacturing index, based ...

Dollar Falls Against Yen

TODAY: Oct. 2, 2014 PUB DATE: Oct. 2, 2014

The dollar fell against the yen in Asia trade Thursday, as fears over the global economy pushed down stock markets and prompted an adjustment of the greenback following the rapid gains of recent days. As of 0450 GMT, the dollar ...

Dollar Crosses Y110 Line for 1st Time Since 2008

TODAY: Oct. 2, 2014 PUB DATE: Oct. 1, 2014

By Hiroyuki Kachi Driven by diverging monetary policy and economic conditions in the U.S. and Japan, the dollar continued to gain traction against the yen in Asian trade Wednesday, briefly crossing the Y110 threshold for the first time in over ...

Eurozone Manufacturing Activity Slower Than First Estimated in September

TODAY: Oct. 2, 2014 PUB DATE: Oct. 1, 2014

By Paul Hannon Activity in the eurozone's manufacturing sector slowed more sharply than first estimated in September, with Germany joining France in contraction, while Italy staged a surprise revival. Fresh signs that the currency area's economy remains mired in stagnation, ...

CURRENCIES: Crude Oil Rebounds Slightly After Overnight Slump

TODAY: Oct. 2, 2014 PUB DATE: Oct. 1, 2014

By Eric Yep Crude-oil futures rebounded modestly in Asian trading hours Wednesday after an overnight sell-off that pushed prices to their lowest in more than a year. On the New York Mercantile Exchange, light, sweet crude futures for delivery in ...

Europe Stocks Dip as ECB Looms

TODAY: Oct. 2, 2014 PUB DATE: Oct. 1, 2014

European stocks inched lower Wednesday, calling time on the previous session's rally. The Stoxx Europe 600 index was 0.1% lower in early trade. Markets had staged a brief rally on Tuesday, after a fall in eurozone inflation to a five-year ...

U.S., Brazil Reach Agreement in Cotton Dispute

TODAY: Oct. 2, 2014 PUB DATE: Oct. 1, 2014

By Leslie Josephs And William Mauldin Brazil and the U.S. have reached an agreement to settle a more than decade-old dispute over U.S. cotton subsidies, people familiar with the negotiations said Tuesday. U.S. Agriculture Secretary Tom Vilsack and U.S. Trade ...